Just saw this on Facebook 4 dots
62 million shares traded this week and after crashing through the 200 day on the weekly chart, the bulls brought it back to close at the 200. Also money flow has been positive since the middle of January. I'm no Ouabra but I would have to say the tides are a turnin'
I had to put him on ignore yesterday talking to him is like talking to a wall he flip flops more than a politician in one sentence he says the price drop precedes the news in the next sentence he says every stock has a different story he is all over the place not worth the time anymore the fact that the IbB and novavax both started to decline in August according to him there is no correlation
Strong buy I thought you were smarter than that apparently not time to cover the gap at 62 finally closed after all this time adios amigos
Below you said when prices reach MA's "they stop". Maybe I'm missing something.
ouabra45 • Feb 2, 2016 5:29 PM Flag
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slowboat: when prices reach MAs(((((( they stop)))))), MAs often act like support or resistance levels
Sorry Ouabra, you are correct. I should have left the name calling out. My bad. But trying to have a civil conversation with you seems pointless. You claimed the price direction precedes the news which is why nvax started declining. I stated as well #$%$ many others that the IBB started to decline at the same time. You then said each stock has it's own story. You seem to make up something different every time it is brought up. I feel like talking to you is like talking to the wall sometimes. So when no bad news comes out, what will your reasoning be then for the price decline? You are already on record stating BAD NEWS IS COMING. I also understand charts. You seem to think that stock price will turn at the exact 200 day 50 day moving average when that is absolutely false. Momentum will carry past those technical averages when the decline is steep and violent. Last week the price bounced off the 200 and this week it breached it but has now closed back above the 200. In due time we will see if there are more bulls than bears to take this in one direction. You seem to think because it did breach the 200 that $2 is in the cards. My bet is that the fundamentals of the company will bring m#$%$ive buying and short covering at this level moving the price north.
Sentiment: Strong Buy
Look at your dumb #$%$ chart and see when the IBB started its down trend. God what a moron you are. That has been pointed out to you numerous times but you don't want to listen you think you are the chart master you are the chart moron
If I told you on a daily basis that I see a green sky and kept telling you I am just posting what I see you would get tired of it because you know that I am wrong get the hint
And if you had 4 million FREE options you wouldn't care if they became worthless?
In the words of JeffG What a moron.